May 1, 2024

News and Political Commentary

Senegal Bonds Sink After Presidential Election Is Postponed

2 min read

Senegal’s eurobonds fell sharply after President Macky Sall postponed this month’s presidential elections indefinitely and the authorities cut mobile internet access amid a constitutional crisis.

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(Bloomberg) — Senegal’s eurobonds fell sharply after President Macky Sall postponed this month’s presidential elections indefinitely and the authorities cut mobile internet access amid a constitutional crisis.

Police reinforced security in the capital on Monday, a day after clashes with opposition supporters on the streets of Dakar that led to the arrest of officials including former Prime Minister Aminata Touré and presidential candidate Anta Babacar Ngom. The government cut access to mobile internet services because of “hateful and subversive” messages being posted online that are jeopardizing public order, the Communication Ministry said.

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Bloomberg News

2024-02-05 08:15:56

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